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at 9:15, the impact of new leadership in china on u.s. relations. president obama traveling in parts of asia. we will have those segments, plus, we will take a look at the papers and take your phone calls as well "washington journal ."shington, we will see you then. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> next, a discussion on the future of u.s. diplomacy. after that, a forum on the effectiveness of al-qaeda in yemen. >> a former state department officials from the obama and george w. bush administration's discuss public diplomacy in a tough budget in vermont. the discuss the effectiveness of student exchange programs and government-backed broadcasting outlets, like "voice of america." the george washington school of international affairs hosted this event tuesday. this is an hour and 45 minutes. >> that is public diplomacy in action. [laughter] i'm a professor here at gw and the director of the institute for public policy and global communication. you can find us on twitter @ip dgc. we're also on fa
's shift to democracy in a first ever trip by a serving u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks continuing. right now we're seeing the yield
obama becomes a first- inning president to visit burma. but >> lewis hamilton wins the u.s. grand prix. >> ban ki moon has arrived in cairo in support of the cease- fire between israel and hamas. >> the exiled leader of hamas says they must take the first up a bit want the truce in israel. they will consider a cease-fire in israel and their attacks and the siege of gaza. >> israel has bombed building and at least 90 people have been killed and some 700 wounded since the air strikes began. >> the bombardment of gaza continues. israeli defense forces are picking targets they say it are connected to palestinian militants. the billionaire also among the latest casualties. across the border in israel, ground troops are massing in preparations for a possible invasion. israel has no mobilize and 40,000 reservists. elsewhere, diplomats are attempting to broker a ceasefire. in jerusalem, middle east peace envoy tony blair met with perez to stop the rocket attacks. >> it is clear we do not have any ambition to gain an advantage but we just want to stop the fire. >> more than 1000 rockets have be
of international efforts to mediate a truce between israel and hamas. u.s. secretary general ban ki moon is lending his support. >> my message is clear. all sides must avoid fire. further escalating the situation will put the entire region at risk. >> our leaders, he traveled to jerusalem with talks -- to talk with benjamin netanyahu. he condemned the attacks and the loss of civilian lives in gaza. netanyahu reiterated that they would be willing to are dissipate in a ceasefire but only if hamas immediately sees as the rocket attacks. >> the long-term solution to be put in place through diplomatic means and israel then would be a willing partner to such a solution, but if kroger military action through the necessary to stop the constant barrage of rockets, israel will not hesitate to do what is necessary to defend our people. >> there are signs that diplomatic efforts may be bearing fruit and mediators iran optimistic that a deal can be made to avert an israeli ground offensive. >> -- mediator's remained optimistic. >> what is the reaction to reports of a ceasefire? >> people don't really believe it
after good gains yesterday. following strong moves in the u.s., as well. cac 40 down half a percent. weighed town by the moody's downgrade, although expected. and ibex done around 0.4%. french debt market, yields are up to 2.1%. treasuries slightly higher, but still below 6%. ten year bund yields slightly lower. so france is trading with the peripheral in that sense. euro-dollar, 1.2794 is where we stand, dipping slightly on on the back of the french downgrade. dollar-yen 81.26, but the yen has been down at acceseven mont lows. aussie dollar slightly weaker against the u.s. dollar. rba minutes suggesting that their policymakers consider further monetary easing may be appropriate. still to come, we'll be in athens and brussels. euro group reportedly close to signing off on the next tranche aid. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. get on e-trade. set up a real plan. frank!
in power so, for example, in egypt you had mubarak, very much aligned with u.s. and israeli interests. he was willing to turn a blind eye to israeli aggressions as they described it in gaza so long as he could secure the support of the u.s. and israel. you is a very different dynamic now and why this is also a very big test to egypt, to its credit, america is allowing egypt to immediate this and so far, egyptian officials say they are not [ inaudible ] a peace treaty with israel. president morsi says he's committed to the international obligations but he's also using his leverage to perhaps rein in hamas. it's not necessarily that hamas feels empowered but now perhaps egypt's president is saying to hamas you also have a responsibility to govern, you can't just fire these rockets indiscriminately and trigger this type of backlash. this isn't only a crossroads for israel and gaza, it has a tremendous amount of implications for egypt and u.s. foreign policy vis-a-vis the new emerging realities of the arab world. >> i want to open this up to our panel in new york. something that has been goin
, it certainly does. thank you. >>> despite u.s. objections, the united nations is ready to give the palestinians another step toward full international recognition. palestinians in the middle east are certainly overjoyed. israel's ambassador to the united states standing by to explain why his country thinks the u.n. action is a mistake. fis while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> any moment now we're expecting a united nations vote that could have
the negotiations. she did not meet with hamas leaders because the u.s. does not deal directly with the militant group. so gint acted as a go-between. today, second clinton announced they had a deal. >> the united states will with partners across the region to consolidate this progress, improve conditions for the people of gaza, provide security for the people of israel. >> tonight, israeli prime minister benjamin netanyahu says he will consider more severe military action if the cease-fire does not last. we have team fox coverage. david lee miller live inside southern israel but first to steve harrigan. he is live tonight in caro. what are the terms of the deal exactly? >> trace, three basic points coming out of this cease-fire agreement. first a cessation of hostilities on all sides. for israel that means they will no longer target members of hamas. for hamas it means they will no longer fire rockets into israel. second. a cooling off period of 24 hours. this will be a closely watch period to see whether this 8 days of violence has actually stopped. and finally the most controversial part, an
and recent cnn/rnc polling shows more than 2 in 3 support tax hikes for the wealthy. u.s. a reality that republicans will grapple with from now until new year's day. joining me, congressman tom cole from oklahoma. a republican. thank you for joining us. >> thank you. >> your proposal, republican lawmakers should agree with democrats, exstand the tax breaks for those making $250,000 or less, before the end fortunate year, deal with the tax rates for the wealthiest later. an idea that a lot of republicans are resisting. what kind of pushback are you getting? >> the reaction is mixed. some support it. some don't. some have more questions about it. but, look, the issue really is pretty simple. i don't believe in raising tax rates on anybody. i think it's bad for the economy. bad for job creations. ultimately by slowing down growth cuts revenue, and the president needs to come to the table with real spending restraint and real, frankly, entitlement reform. having said that, if we agree taxes shouldn't go up on 98% of the people, shouldn't we take that now and get that set aside, make sur
history of debt in the u.s.; and h.i.v. infections in young people. but first, the other news of the day, here's hari sreenivasan. >> sreenivasan: wall street lost ground today over renewed concerns that deficit talks in washington are not making progress. the dow jones industrial average was down 89 points to close at 12,878. the nasdaq fell nine points to close below 2968. earlier, there were more signs of a recovery home prices went up in most major u.s. cities by 3% in september compared to a year ago. america's ambassador to the u.n. failed to mollify senate critics today on the attack at the u.s. consulate in benghazi, libya. susan rice met with republican senators who've criticized her for saying-- five days after the attack-- that anti-american protests were to blame. in fact, u.s. officials already knew it was a terrorist strike. today, rice blamed faulty intelligence. but senator lindsey graham said he was unimpressed. bottom line, i'm more disturbed now than i was before that the 16 september explanation about how four americans died in benghazi libya by ambassador rice i thin
and now that is not going to happen. we will still have u.s. troops in afghanistan one year from now two years from now, five years from now. where is the press? obviously, these are not issues that the people who run on these programs today -- >> why not? >> because they do not draw an audience. what draws an audience is charlie sheen. what draws an audience is people yelling at each other. it is not enough to say these issues are important. if we actually -- i know it sounds totally idealistic, but when you and i became journalists as young men, we actually believed that we were entering, really, a special, chosen profession that meant something to a democracy. >> we called it a calling. >> a calling, exactly. >> exactly. word of honor, i never thought i was going to get rich as a journalist. you do not go into journalism to become wealthy. >> the changes we are talking about, you have already touched upon the affect it has on our society, on the business itself. value systems change. i am not saying we can ever return to the good old days. that is done, but what worries me is whether
felt emboldened in the wake of the gaza cease-fire to believe that the u.s. wouldn't really criticize him or do anything major to stop this power grab, i think we'll have to find out here in the next few days, but the timing is not coincidental, you can bet on that. >> the obama administration says that egypt has a constitutional vacuum and needs to figure out governing issues such as checks and balances and rule of low and democratic dialog, arthel. >> arthel: molly henneberg, thank you very much for the report. >> rick: new details on a fire that broke out at the state department building in washington, reporting four people injured and three rushed to the hospital with one in life threatening condition. the fire reportedly started this morning while work crews were repairing some duct work. a full investigation is underway. >> arthel: the holiday shopping season taking on new meaning for retailers struckling to recover from super storm sandy. stores this manage today reopen are promoting huge sales in small business saturday in hopes of recouping some of their losses. anna kooiman
, the u.s. ambassador, susan rice, meets with some of her toughest critics. and apparently they don't like what she has to say. >> we are significantly troubled by many of the answers that we got and some we didn't get. more disturbed now than i was before. >> shepard: republican senators criticizing ambassador rice for her initial comments on the libya consulate attack. >> ambassador rice has no responsibility for collecting, analyzing and providing intelligence. >> shepard: tonight the ambassador responds. >>> plus, the people of egypt trying to avoid trading one dictator for another. fighting back against a president who gave himself new powers. tonight a potential crisis point as the leader tries to put himself above the law. and how will the u.s. handle this? >>> plus, the chances of winning are ridiculously low. but millions of us are still lining up for a shot at a record powerball jackpot. >> lucky, lucky, lotto win. >> shepard: tonight a look at the actual odds of winning it all. but first from fox this tuesday night, three republican senators now say they cannot support the u.n.
. another question is asean's relationship with the u.s. the obama administration has a policy of working to counter the rise of china. how asean nations take part in that policy shift may have an impact. cambodia isn't the only country to feel the impact of china's spreading influence. economic, political, and military. if asean wants to cooperate with its neighbor on the equal footing, member states need to remain united and work with the united states. >> thank you very much, indeed, for that. speaking there to nhk world's phin chanda. u.s. president barack obama arrived here in cambodia on monday evening to attend the two-day east asia summit. on tuesday, he'll hold bilateral meetings with leaders including the prime minister of japan and the chinese premier as well. now, how will the united states respond to the growing presence of china here in southeast asia? well, we'll keep you updated as these delicate discussions continue. i'm patchari raksawong reporting from phnom penh. >>> patchari, thanks. barack obama made history before he arrived in cambodia. he became the first sitting
minister and the u.s. secretary of state. the truce calls for an immediate halt to the fighting and reportedly aims to work towards a longer-term solution as well. >> the latest escalation in violence began just over a week ago. since then, some 140 palestinians and five israelis have been killed in air strikes and rocket attacks. >> we will be trying to go live to cairo and also to gauze in a moment, but first, let's get back to evens earlier in it -- earlier in the day that threatens to derail the talks -- we will be trying to go live to cairo and also to gaza in a moment. >> panic on the streets of televisa. ambulances rushed to the scene of the explosion. -- panic on the streets of tel aviv. the bus was burned out but not torn apart, suggesting it may have been a relatively small bomb. israel is calling this a terrorist attack. >> hamas is a murderous organization, an organization that calls for israel's destruction. anyone who negotiates with them and the prime minister's holding talks with the americans, should know who sits there in gaza, and the need to hit them in those
the start of something big for the u.s. economy. 147 million people were expected to shop between friday and sunday. record numbers of shoppers are making purchases on their mobile devices or ipads, and for those who did venture out today, the foot traffic wasn't just at big box retailers but also at mom and pop neighborhood stores, part of a concerted effort to promote small business on this holiday saturday. nbc's michelle franzen has been out in the crowds today, she joins us in front of macy's, the flagship store in new york. good evening, michelle. >> reporter: good evening, kate. consumer confidence has been improving over the last few months, and retailers are hoping that new excitement along with the emotions of the holiday season will translate into a boost in sales. the hunt for deals today paid off for donna bunk, who was just getting started with her holiday shopping in new york city. >> not expecting to get a pair of boots but when you walk past these and they're only $30, how could you go wrong? >> reporter: just the attitude retailers are banking on that the crucial holida
apprehensive this could be the final hurdle. you're talking about the presence or the arrival of u.s. secretary of state hillary clinton. there is no doubt the u.s. can play a very important role in this. it can exert a tremendous amount of leverage on the israelis to avoid a ground invasion of the gaza strip. while the u.s. does believe that israel has a right too defend itself there is a widening belief here among many, this is what is being communicated to the u.s. by egyptian officials, that a ground invasion and further military escalation will not solve this. we've been down this road before. >> go ahead, ayman. if you're still there. >> i'm still here. i was saying that they've been down this road before, used the military option back in 2008, and previously it hasn't solved the gaza problem and so many people are saying that this has to stop. to really think of a new paradigm shift in how to solve the crisis in gaza and the larger with the israeli/palestinian conflict. >> yesterday we were talking about the americans passively having too light a footprint in the region, against the back
♪ backing down. what of the israeli truce? plus the u.s. ambassador to the united nations susan rice took some heat over her comments on the libya consulate attack. now it looks like though her critics have some ammunition against their claims. now she is going to go speak to some of them on capitol hill. benghazi and susan rice and is the tide turning? that's coming up from the journalists of fox news on this monday fox report. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. c
this point of view, it's sound analysis. what message is the israeli government and u.s. government that supports it sending when it makes choices that result in hamas being able to point to their victories and leaves president mahmoud abbas totally impotent. here's the lesson, as far as i can tell, if you recognize israel if you're committed to nonviolence you'll get roled, marginalized, undercut and left looking like a loser. if you fire rockets into the heart of israel, kidnap their soldiers, they'll negotiate and adjust their policies. everyone i've talked to on the palestinian side sees this disparity. none other than hamas political leader explicitly cited abbas's sorry situation in an interview on wednesday. >> translator: mahmoud abbas gave this opportunity to israel and the international community. what did they do? they made him fail, they let him down. >> in allowing this to continue, in refusing to pressure the israeli government to take concrete steps towards peace in the west bank, they're turning a blind eye while unarmed protesters are imprisoned, tear gassed and sho
significant emphasis. for example, in 2010, the pentagon set up this u.s. cybercommand and the eu has a similar organization. the uk has the same thing. they have a cybersecurity operations center and this is the british equivalent in this area. let's just go through some of the terminology. i wanted to make sure that we have some particular knowledge about things. as i go through these special events, the backdoor is an overlooked entry into a network. it allows a hacker or someone were someone who was not authorized to be in there to get in with a password -- without a password. this is where you have a program that becomes a robot of the person on the outside. cookies are a friend when we are trying to order something. i'm going to give you some examples as we go. now where is malicious software. malware can be a virus 40 warm. we also have the concept where did these e-mails that are alluring you to respond. you might even respond to such a little ad. spearfishing is trying to get you to respond and it is that is the concept that it is targeted at you. because you have access to s
: just finally quickly, evidence of a u.s. role there? >> i spoke to a u.s. official today about that. it's interesting. the u.s. role from what we hear is essential to offer words of encouragement to both sides. they keep stressing that egypt is really leading this and that they don't need this sort of push that one would expect. that said, there's a frustration in congress by the comments that hamid morsi, the president, made here in support of hamas. lindsey gham came out on sunday and said that congress was watching it very closely. the u.s. says that egypt is taking the initiative on its own, that the u.s. role is ancillary, that the u.s. is monitoring it. president obama has spoken to morsi. as recently as today. hillary clinton has spoken to her counterpart and the prime minister here that the u.s. does have a role. but that egypt is willingly leading the peace negotiations. >> woodruff: nancy yousef, on the story in cairo. nancy yousef with mcclatchy, thank you very much. >> thank you. >> woodruff: oline we have a first person account from journalist stephanie freid, who writes ab
: in fact, the "dallas" franchise was so successful, the series was recently reprised. the u.s. network tnt brought it back with a new generation of ewings and hagman came back, too, returning as j.r. once again. critics say he was the best thing about "dallas." but explaining the character's appeal, hagman once said the time is right for a real bad guy and i'm it. >> have a good day, master. >> i'm going to have a wonderful day. >> reporter: it was a good guy who larry hagman blasted into people's living rooms playing astronaut tony nelson on "i dream of jeannie." the show was a hit in the 1960s and is still popular in syndication. even as a kid, hagman orbited in showbiz as the son of peter pan star mary martin, his movie roles included "up the cellar." >> i'm moving up now. >> reporter: it was only after mill amming a huge contract from the producers of "dallas" that hagman became immensely wealthy. he had houses, cars, vices, two of them included drinking and smoking. he smoked for 24 years, gave it up and became an anti-smoking activist and smokesman for the american cancer society. >>
points for both sides in the fiscal cliff negotiations but especially the republicans, making sure the u.s. does not become the next greece. tonight, economically crippled country is getting another infusion of the bail-out money. senior foreign affairs correspondent amy kellogg has the story from london. >> they were peaceful but this was a protest. these greeks weary of seeing tensions shrink -- pensions shrink and jobs grow were not happy about the decision to grant them more in bail-out money. they know the feet will be held ever closer to the austerity fire. >> the long installment is not for the workers or the people. but the banks. for those drinking our blood. nothing can change. >> greece's new prime minister welcomed the deal to keep greece afloat, the feisty opposition leader decried it as hollow fix. >> it does not include greece or a plan for greece. >> in a marathon session in brussels, they nibbled around the essentials of the massive debt problem. making adjustments sort of forgiving greece's debt. that might have been political poison for the european officials planning to
for themselves. but isn't there a danger in having a political appointee like a u.s. ambassador, in a sense, freelancing, when critical material is concerned. >> i don't think so, i think ambassador rice could have easily said we may have had an organized terrorist group that may have had affiliated with al-qaeda behind the attack in benghazi. i don't think it would have been compromising any sensitive information. i think the administration has used that as an excuse, and it really -- you know, america has a lot of overclassifying, that is one reason there are adults that are supposed to be able to handle this. and i don't think it would have been that difficult for her to somewhat give a more nuance discussion of what really transpired in benghazi. >> fran, you dealt with classified and unclassified talking points when you served at the white house, do you agree with rueul? >> well, those that drafted these talking points, perhaps the intelligence community will prepare the individual going out on the sunday show, especially if they're doing multiple shows, to understand where the lines h
and caused the worst offshore oil spill in u.s. history. the payment includes $4 billion related to criminal charges, including $1.2 billion in criminal fines, as well as half a billion dollars in payments to securities regulators. attorney general eric holder said thursday the settlement broke two records. >> bp has agreed to plead guilty to all 14 criminal charges, including responsibility for the deaths of 11 people and the events that led to an unprecedented environmental catastrophe. the company has also agreed to pay $4 billion in fines and penalties. this marks both the largest single criminal fine, more than $1.25 billion, and the largest total criminal resolution, $4 billion, in the history of the united states. a >> critics say even their record numbers reflected in the settlement represent just a fraction of bp's profits and will not be enough to deter future disasters. public citizen called a settlement that the attic and a slap on the wrist, noting the deal did not prevent bp from continuing to receive lucrative government contracts and leases. under the settlement, bp agreed to
rewrite the rules on ecommerce. >> the federal government says u.s. and other nations seized 132 domain names that were selling counterfeit merchandise. ice officials say the website duped consumers to buying bogus items. syria used distraction of fighting between israel and palestinians to resupply government troops in syria. correspondent leland vittert has the evidence. >> bretevidence >> reporter: they have been firing off and appearing ready for battle. the western intelligence sources tell fox news the men are ire rainian revolutionary guard troops coming to help bashar assad in the syria long civil war. they have exploited the attention on syria to ramp up the flight. often sending ton of ammunition, weapon and equipment multiple times a week. they are flying via rocky air space. the u.s. put pressure on iraq. iraq is inspecting the planes but sources say it's done on the return flight. when the plane is empty to appease the u.s. keep the flight coming. 18 months since the civil war. deflection from the syrian army means that assad has less well-trained men. >> recent rebel takeo
whatsoever from u.s. officials here at the u.n. today, shep. >> shepard: jonathan, u.n. officials say they are monitoring cease-fire negotiations but carefully trying to stay out of the middle of them. >> yeah. certainly trying to stay out of the middle. getting into the middle of it is is the u.n. secretary general ban ki-moon who traveled to cairo today where those negotiations are taking place. is he going to meet with egypt's president mohammed morsi tomorrow. later this week he will travel to israel to meet with prime minister netanyahu and also to the west bank to meet the palestinian president mahmoud abbas. the trouble with these negotiations as so often in these cases is who stops firing first. in the word of u.s. officials that is clearly up to hamas to do. listen. >> we have been very clear that israel has a right of self-defense. we have been very clear that rockets continue to be fired and land on israel. we have been very clear that we are working to try to get this conflict deescalated. we have been very clear about our concern for civilians and innocence on both sides.
and israel are the top recipients of u.s. foreign aid. what kind of leverage does the u.s. have? >> president obama has pledged $1 billion in aid to the egyptian government. that money is incredibly important to the egyptians. their economy has been faltering. in addition, the egyptian military receives almost $1.3 billion per year from the united states. in addition, the egyptian government is looking for support from other actors, like the international monattorney fund and the european union. so all of that-- the money that the egyptian government needs, the u.s. leverage to try to get the egyptians to bring peace to to conflict. >> brennan: juan zarate, thank you. >> thank you. >> brennan: in egypt today, at least 49 children were killed when a train smashed into a school bus. 1190 miles sowpght of cairo. the force of the crash broke the bus in half, and the destruction made it difficult to count and identify bodies. the man in charge of closing the gates at the crossing has been arrested. authorities say he was sleeping when the bus crossed the tracks. two oil workers remain lost at sea
of the u.s. consulate attack in benghazi, the woman in the middle of it all will go face to face with her toughest critics this morning. u.n. ambassador susan rice is heading to capitol hill for a closed door meeting with senators john mccain, lindsey graham and kelly ayotte. they were infuriated after rice called the assault that killed ambassador chris stevens and three other americans spontaneous and linked to a protest over a youtube video. she will be joined by acting cia director mike morell. the meeting could serve as a real test of whether rice will still be in for a fight over her potential nomination as secretary of state. >>> elsewhere on capitol hill today, it's back to the bargaining table for lawmakers facing a year-end fiscal cliff. yesterday the white house took a hard line insisting tax rates have to rise on the rich and warning that anymore delay on the deal could ruin consumer confidence and hurt holiday retail sales. nbc's tracie potts joins us from washington with the details. tracie, good morning. >> reporter: good morning, lynn. today we'll see a continued push by t
for an economic nightmare. unless u.s. lawmakers reach a budget deal in january 1, a raft of temporary tax cuts are due to expire, and spending cuts will take effect. >> that means the u.s. is charging full speed at the fiscal cliff. the dramatic fiscal tightening triggered by this press this could tip the u.s. and possibly the whole global economy into recession. here is more. >> precision craftsmanship, made in the usa the marlon still company in baltimore produces wire baskets for the automobile, defense, and medical industries. it is one of the fastest-growing companies in the u.s. the company president wants to keep it that way, but at the moment, he is holding off on further investments. >> this robot is a good quality robot. phowever, we want to buy the brand-new version that is made in germany. we are pausing right now because of the fiscal cliff. there is so much uncertainty about what will happen in the future. we are not pulling the trigger to by the german robot. >> the prospect of falling off the fiscal cliff frightens more than just greenblatt. numerous business owners across the
. i will tell you here and now that is not going to happen. we will still have u.s. troops in afghanistan one year from now two years from now, five years from now. where is the press? obviously, these are not issues that the people who run on these programs today -- >> why not? >> because they do not draw an audience. what draws an audience is charlie sheen. what draws an audience is people yelling at each other. it is not enough to say these issues are important. if we actually -- i know it sounds totally idealistic, but when you and i became journalists as young men, we actually believed that we were entering, really, a special, chosen profession that meant something to a democracy. >> we called it a calling. >> a calling, exactly. >> exactly. word of honor, i never thought i was going to get rich as a journalist. you do not go into journalism to become wealthy. >> the changes we are talking about, you have already touched upon the affect it has on our society, on the business itself. value systems change. i am not saying we can ever return to the good old days. that is
that remark. 73 minutes later took to the floor of the u.s. senate to respond. >> mr. president, four brave americans died. it has now been eight weeks and the american people have received nothing but contradictory statements from all levels of our government. this president and this administration has either been guilty of colossal incompetence, or engaged in a cover-up, neither of which are acceptable to the american people. >> keeping then honest, more than two months after the deadly attack on the u.s. consulate in benghazi, there are still some serious questions about the timeline of the events and specifically the administration's response in the days and weeks that followed. specifically, why didn't the president call it an act of terrorism? the president said, "it was quote too early to know exactly how this came about. or during an appearance on "the view" on the 25th. when asked, the president said "they were doing an investigation." or even more to the point, how the president described it five days after the attacks. >> putting together the best information that we have availab
to the playoffs, yeah. >> and with retail sales a huge factor in the not steady u.s. economy, the shopping is encouraging. >> we expect sales to rise 4% this year, a little lower than last year, but you know, we think we really believe that consumers are feeling a lot more confident this year. >>, but for all the folks battling the black friday crowds, do they get the best prices. >> sometimes i think you can get a better deal other times, black friday is kind after gimmicky things. up to a third of the door busters items today were cheaper earlier in the year and as far as the most popular holiday gift. >> gift cards are still number one and this year picking up, where even more people are asking for gift cards and it's the most wanted gift and the most given gift for the holiday seasons for the last several years. >> online shopping looks strong again this holiday season, but today, it was all about being in the stores in person, and looking for the biggest savings. >> and i was going to go online, and just do my shopping from there, but it worked out. it worked out perfect. >> now, onli
. first off, dmon straights prompted the u.s. to shut down the embassy there. the embassy was not under fire but clashes between protesters and riot police clogged streets around the complex. this chaos is going on for days as demonstrators threatened the new islamic president morsi with a second revolution. >>> and then there's this. lawmakers dominated by islamists are now rushing to draft a new constitution. this move is seen by some of morsi's critics as an effort by the muslim brotherhood to hijack the constitution. and amid all of this, president morsi is on the cover of "time" magazine. "time" calls him the most important man in the middle east and boasts an exclusive interview credited with getting israel and gaza to end fighting. let's bring in the "time" bureau chief and got the interview and joins us from tel aviv. thank you for joining us and why is morsi the most important man in the middle east? >> well, for a couple of reasons. i mean, one he is just sort of central to, you know, the sort of what they call a new sunni axis of influence. sort of powerful country is counter
than cementing it back to the status quo ante, but in terms of hamas which has the u.s. and israel have tried to isolate it for all these years over the last week or so we've seen arab foreign ministers and leaders literally beating a path into gaza to go and stand shoulder-to-shoulder with hamas. this at the same time that egypt took that lead role and guaranteed and secured this cease-fire. so it's a very important significant moment. first time the new islamist government of egypt has been tested. hamas is now a force to be at least negotiated with rather than isolated. and we'll see whether this actually leads to something more than just a lull. >> what israeli officials say is that hamas made a commitment to the government in egypt, the president mohamed morsi, that they would stop firing into israel. if that were to be revoked, that would be a violation. they would be breaking their word to the egyptians and that would cause some serious repercussions i assume, christiane, between the egypt government, muslim brotherhood-led government, and hamas. >> reporter: well, i was obviousl
: in part with a hashtag. my 2k. the white house is saying if the u.s. goes off the fiscal cliff it will cost the average middle class family $2,200 a year and they want middle class social media users, twitter users who don't want that to happen to get online right now. >> today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. call your members of congress. right them an email. post it on their nice book walls. you can tweet it using the hashtag, my 2k. >> reporter: as you heard at the top of the show treasury secretary timothy geithner is going to be on the hill today. one of his meetings will be with senate majority leader mitch mcconnell who just said, we are eager to hear the administration's specific plans for protecting jobs and growth by reducing the national debt, reducing washington spending and preventing a tax hike on every american taxpayer. so, bill, the two sides are talking to each other but it does sound li
the mosque. that is considered a terrorist organization by the u.s. government, of course. >> i want to thank president morsi for his leadership in ending the violent, this is a critical moment for the region. egypt a new government is assuming the responsibility and leadership that has long made this country a cornerstone of regional stabilitiy it peace. lou: the ceasefire hours after a bomb tow through a bus in israel's defense ministry in tel aviv, it injured at least 2 dozen people, hamas leaders praised the attack but did not take out right responsibility. a damascus based group with ties to the west bank took credit. the israeli government confirmed this is only the first stage of a ceasefire agreement work many questions remain stock answered. a second set of negotiations reportedly to begin within the next 24 hours, israel's blockade of the gaza border, and an end to the flow of arms in to gaza to be negotiated. but perhaps, a bigger question, did secretary of state, hillary clinton, simply rubber-stamp an agreement that has already been negotiated. we take all of this up here tonight
explanation of the attack on the u.s. consulate in libya didn't go over very well. she met with three republican senators strongly opposed to her possible nomination to be secretary of state. they were not satisfied with her explanation. >> all i can tell you is that the concerns that i have are greater today than they were before and we're not even close to getting the basic answer. >> following the benghazi attack rice said the assault grew out of a protest and not a terrorist attack. yesterday she said that was incorrect. that there was no protest or demonstration in benghazi. >>> overseas now in egypt the largest crowd yet have turned out to demonstrate against president morsi's declaration of wide ranging new powers. hundreds of thousands of protesters in cairo's tahrir square screamed for morsi to leave. another mass rally is planned for friday. today the cabinet meets to discuss the crisis. holly williams is in cairo with more. good morning. we saw a big escalation in these protests yesterday. what happened in tahrir square overnight and then again this morning? >> reporter: go
morning. good to be with you. i'm terrell brown. and a little more than a month the u.s. economy could experience a severe shock. that is if leaders in washington can't come up with a budget deal. scares of automatic spending cuts and tax increases could take effect january 1st. democrats moved by president obama and congressional republicans signaled they are willing to compromise on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax cuts for the middle class. >> it's too important for washington to screw this up. >> reporter: president obama is putting pressure on congressional republicans and he's enlisting middle class americans in getting the gop to tak
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